Anthony J. Monteverdi of The Flatbush Federal Savings and Loan Association died
February 28 at the age of 73.
Monteverdi was president, chief executive officer and chairman of the board of Flatbush
Federal until his retirement in 2006. He continued to serve on the board of directors until
Born in Manhattan, Monteverdi grew up on the Upper East Side. He was a product of a
good family that focused on hard work and good education. Monteverdi graduated from St.
Francis Xavier High School in Manhattan and later from Fordham University in 1954.
His career was interrupted by the Korean conflict, where he served as a First Lieutenant
in the U.S. Army Signal Corps.
After Monteverdi was discharged from the Army, he worked as a security analyst with
Merrill Lynch, then moved on to be a bond specialist and second vice president with the
Savings Bank Trust Company. He later worked for the Manhattan Savings Bank as their
senior vice president of investments.
While building his career, he received his MBA from NYU and also earned degrees from
Brown University Graduate School of Savings Banking and the Graduate Management
Program at the University of Massachusetts. In 1986, Monteverdi joined Flatbush Federal
as its president and chief executive officer.
The banking industry was going through a very tumultuous period at that time. Through
Monteverdiâ€™s management and leadership, Flatbush Federal thrived and is now a
publicly traded company. In addition to being an innovative banker, he also served on
various groups for the economic improvement of the community.
Monteverdi is survived by wife Jane, sons Mark, Anthony and his wife Linda, Michael and
his wife Anna, and daughter Alice and her husband Frank. They have five grandchildrenâ
€”Suzanne, Anthony, Diana, Veronica and Victoria.
COURIER LIFE PUBLICATIONS 2007